The two shortlisted teams for the Long Beach civic center P3 in California have unveiled its proposals for the project.
The proposal from Long Beach CiviCore Alliance involves the development of a 250-room hotel, 765 residential units, 69,000 square feet of retail space, 13-story City Hall, and 78,300 square feet of library space.
The total project investment is estimated at US$314 million, US$144.2 million for port headquarters and US$169.8â€‰million for City Hall, Main Library and Lincoln Park.
The Plenary - Edgemoor Civic Partners proposal involves the development of 200-room hotel, 594 to 612 residential units, up to 47,838 square feet of retail space, 11-story City Hall, and 93,500 square feet of library space.
The total project investment is estimated at US$357.7 million, US$179 million for port headquarters and US$178.7â€‰million for City Hall, Main Library and Lincoln Park.
The two proposals placed separate-but-connected city and port administrative buildings. The new buildings are located at the corner of Ocean Boulevard and Magnolia Avenue in the city of Long Beach.
The preferred bidder will assume construction responsibilities and maintain the finished buildings while the city will pay rent for 40 years. At the end of the term, control of public buildings and land would revert back to the city.
In mid May Related California, one of the companies that were shortlisted for the design, finance, build, operate and maintain the new Civic Center, dropped out of the tender process.